07.05.2024: Paul Fontanier – Sovereign bond purchases and rollover crises

Presenter: Paul Fontanier Affiliation: Yale University, School of Management. Paper: Sovereign Bond Purchases and Rollover Crises. Date: May 7, 2024. Time: 12:00 GMT (15:00 Israel Time) Abstract: This paper proposes a theory of large-scale government bond purchases by central banks in an environment with endogenous information acquisition. Information acquisition by private investors lowers risk premia … Read more

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